The global economy looks poised to display better growth performance in 2014. Leading indicators are pointing upward -- or at least to stability -- in major growth poles. However, for this to translate into reality policymakers will need to be nimble enough to calibrate responses to idiosyncratic challenges.
Many people believe that the decision-making process for creditors boils down to just one thing: the credit score. Here's the thing, though: Credit scores are really nothing more than a naturally occurring byproduct of the financial lives we live.
Habits are those activities we do unconsciously because we've done them so many times before. We're not even fully aware when we're doing them, and then the results tend to pile up unseen. Of course, credit is one of those things that can suffer from bad habits. So let's take a look at five bad habits that can wreck your credit.
After discussing the IBBEA, a few colleagues and I became curious if there was a correlation between banking regulation and the overall impact on state-level innovation. Following previous research on how this expanded access to credit improves productivity and makes it easier for producers to manager operational risk, we wanted to explore if expanded access to credit (via greater competition amongst banks) had allowed firms to become more innovative.